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I'm creating a real estate investment company focused on multifamily properties (5-15 units) that pencil. I'll manage everything- the rehab and property manage- anything an asset manager would do with a "hands on" typ...
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Good Morning guys. Quick question on a cash out refi. Lender that I have always used for my personal needs, can get me back out to a 30 yr term but rate is 4%, which I feel is a little high in current market. I am bei...
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By 'team' I currently mean one individual, young guy who we will train and has no direct background in sales. He would meet with motivated sellers from leads my partner and I would generate through direct mail marketi...
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Hi Folks,
Toying with the idea of painting the rug covered floor in the attic of our new rental in Bethlehem PA. Unit is a twin and the attic was converted to a bedroom years ago. The carpet is trash, so it’s eithe...
Hey BP Community!I'm just starting out and I'm trying to learn as much as possible before getting my hands dirty. Specifically, I would really like some guidance on do's and don'ts of managing contractors and the enti...
We got a counter offer on our bid. We are not sure how much to set our final and best offer at. My question is, does the bank ever re-negotiate after the inspection if something major is found? Our realtor says no but...
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Hi everyone! Novice investor here, currently own a SFH in Oklahoma and looking to buy in Troy (mostly because of availability of duplexes). I'm currently under contract for a home, and during inspection we found a lar...
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Just trying to figure out if it would be cheaper to build a new place with a in-law apt in the basement vs buying something already built. Can anyone advise based on their experience which will be cheaper in the long ...
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Hello BiggerPockets,
I'm seriously thinking about using Home Equity Investment (HEI) to become debt-free, but I want to make sure I understand all the details before diving in. I've been looking into companies like U...
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Hi All, We're considering our first private loan and have calculated our costs based on an initial conversation with the investor. Our question is, from initial agreement through closing, what costs may we incur outsi...